Mark A. Carano
appointed Mr. Mark A. Carano as a director for a term expiring at the 2027 Annual Meeting of Shareholders.
Highest-materiality recent filing
Franklin Electric Q4 2025 revenue $506.9M (+4% YoY); EPS $0.87 (+21%); guides FY2026
Q4 2025 net sales $506.9M (+4% YoY); operating income $51.6M (+20%); diluted EPS $0.87 (+21%).
Franklin Electric Q3 net sales +9% to $581.7M; adj. EPS $1.30 (+11%)
GAAP diluted EPS was $0.37 including a $0.93/share pre-tax pension termination charge of $55.3M.
Franklin Electric Q2 2025: revenue $587.4M (+8%), EPS $1.31, operating income $88.1M (+11%)
Consolidated net sales $587.4M (+8% YoY); GAAP EPS $1.31 vs $1.26; operating income $88.1M (+11%).
Franklin Electric Q2 2025 sales $548.5M record; EPS $1.46; raises FY guidance
Q2 2025 sales $548.5M (+10% YoY record); GAAP EPS $1.46 (+33%); adjusted EPS $1.49 (+38%).
Franklin Electric transfers $30M pension liability via annuity; expects ~$60M settlement charge
Entered agreement with Principal Life Insurance to buy group annuity for ~684 participants, reducing U.S. pension liabilities by ~$30M.
Franklin Electric appoints Jennifer Wolfenbarger as CFO, effective July 7, 2025
Wolfenbarger receives $500k base salary, 75% target bonus (prorated for 2025), and $75k signing bonus.
Franklin Electric Q1 GAAP EPS $0.67 vs $0.70; revenue down 1%; guidance lowered
GAAP EPS $0.67 vs $0.70; operating income $44.1M, down from $47.9M.
Franklin Electric CFO Jeffery Taylor to depart on March 28, 2025
CFO Jeffery Taylor and Franklin Electric mutually agreed to his separation, effective March 28, 2025.
Franklin Electric Q4 sales up 3% to $485.7M, EPS $0.72; FY2025 guidance $4.05-4.25 EPS
GAAP EPS $0.72 in Q4 2024 vs $0.82 in Q4 2023; FY2024 EPS $3.86 vs $4.11 prior year.
Franklin Electric signs definitive agreement to acquire Barnes de Colombia S.A.
Acquisition enhances presence in Latin America with manufacturing and distribution capabilities.
Franklin Electric Q3 EPS $1.17, sales down 1%; cuts FY2024 guidance
Q3 net sales $531.4M (-1% YoY); GAAP EPS $1.17 vs $1.23; operating income $73.5M vs $78.1M.
Franklin Electric Q2 net sales down 5% to $543.3M, EPS $1.26; lowers FY EPS guidance to $4.16-$4.34
Consolidated net sales $543.3M (-5% YoY); GAAP diluted EPS $1.26 vs $1.27.
Amendment corrects Ruzynski's employment: he was President, Enclosures Segment at nVent Electric, not Pentair as initially reported.
Gregg Sengstack retires as CEO after leading since 2014; remains Executive Chairperson.
Franklin Electric Q1 2024 sales down 5% to $460.9M, EPS $0.70 vs $0.79 YoY
Consolidated net sales $460.9M, -5% YoY; GAAP EPS $0.70 vs $0.79.
Franklin Electric reports FY2023 record sales $2.1B, record EPS $4.11, provides 2024 guidance
Q4 net sales $473.0M (-3% YoY); GAAP EPS $0.82 vs $0.84 prior year.
Franklin Electric Q3 EPS $1.23, sales down 2% YoY; lowers full-year guidance
GAAP EPS of $1.23 vs $1.24; revenue $538.4M, down 2%; operating margin 14.5%.
Franklin Electric Q2 2023 sales hit record $569M, EPS $1.27
Net sales $569.1M, +3% YoY; operating income $80.9M vs $81.0M YoY.
Donald Kenney, VP and President Global Water, retiring after 25 years; remains through July 31 for transition.
appointed Mr. Mark A. Carano as a director for a term expiring at the 2027 Annual Meeting of Shareholders.
elected Jennifer L. Sherman to serve as Chairperson of the Board for a term expiring at the 2026 Annual Meeting of Shareholders.
Effective as of April 23, 2025 (the “Effective Date”), Gregg C. Sengstack retired as Executive Chairperson of Franklin Electric Co., Inc. (the “Company”).
Russell Fleeger, currently the Chief Financial Officer of the Company's Water Systems Segment, will additionally assume the role of Chief Financial Officer on an interim basis
Jeffery Taylor, Vice President and Chief Financial Officer resigned from his position at the Company effective March 28, 2025
On February 21, 2025, Franklin Electric Co., Inc. (the “Company”) and Jeffery Taylor mutually agreed that Mr. Taylor will separate from the Company and resign as Chief Financial Officer of the Company as of March 28, 2025.
On July 1, 2024, the Board of Directors (the “Board”) of Franklin Electric Co., Inc. (the “Company”) appointed Mr. Joseph Ruzynski as a director, effective immediately.
Upon the appointment of Mr. Ruzynski to the position of Chief Executive Officer, Mr. Sengstack stepped down from that position and remains the Execuive Chairperson.
The Board announced that it will appoint Joseph Ruzynski as Chief Executive Officer, effective July 1, 2024
Gregg C. Sengstack, Chief Executive Officer of Franklin Electric Co., Inc. (the “Company”) and Chairperson of the Company’s Board of Directors (the “Board”) notified the Board of his intention to retire from his position as Chief Executive Officer upon the appointment of his successor .
notified the Board of his intention to retire from his position as Chief Executive Officer
The Board announced that it will appoint Joseph Ruzynski as Chief Executive Officer, effective July 1, 2024
Max materiality 0.85 · Median 0.50 · Most common event earnings